Financial bigwigs are still shitting on Bitcoin

2019-2-27 12:11

For years, financial bigwigs have criticized cryptocurrencies such as Bitcoin, while often lauding its underlying blockchain technology. At times, their negative comments about cryptocurrency have been followed by their institution’s active interest in decentralized ledger technology – with some going as far as filing cryptocurrency-related patents and launching blockchain-based pilots.

With this in mind, we decided to take a look at some of the comments made by prominent heads of financial institutions to try and get a better idea on where they stand on the topic of cryptocurrencies and blockchain technology. Warren Buffett First up, business magnate Warren Buffett, who made…

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Источник: thenextweb.com

financial bitcoin → Результатов: 126

Going Bankless: Bitcoin Offers The Ultimate Financial Freedom

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IMF says Bitcoin has become necessary financial tool for preserving wealth amid financial instability

Bitcoin (BTC) is increasingly serving as a critical channel for cross-border financial flows amid global financial instability, according to a new report by the International Monetary Fund (IMF). The report — called “A Primer on Bitcoin Cross-Border Flows” — sheds light on how the decentralized nature of Bitcoin is being leveraged to bypass traditional banking […] The post IMF says Bitcoin has become necessary financial tool for preserving wealth amid financial instability appeared first on CryptoSlate.

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How Bitcoin could impact financial inclusivity among minority groups

A reminder that Bitcoin was designed to give people access to financial services, and not simply enrich early adopters.

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4 Bitcoin ETFs Get Nod From $190 Billion Wealth Manager

Cetera Financial Group, a leading financial advisor Wealth Hub, has officially announced its endorsement of four spot Bitcoin Exchange-Traded Funds (ETFs). This approval paves the way for its network of financial professionals to incorporate these cryptocurrency funds into their clients’ portfolios.

2024-3-16 21:00	Spot Bitcoin ETF
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Bitcoin Becomes a Top 10 Financial Asset; BNB Regains Investor Confidence; NuggetRush Captures Whales Interests

TLDR Following a thunderous December, Bitcoin (BTC) has now become a top-ten financial asset in the world. After breaking the $40,000 barrier over the weekend, it is now trading above $44,000. Its staggering 150% increase since the start of the year makes it the most remarkable financial performance.

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Arthur Hayes Shares Epic Bitcoin Prediction as Financial Storm About to Hit

Top crypto entrepreneur warns: 'Brutal financial crisis looms, get your Bitcoin and get out!'

2023-5-9 17:06
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Bitcoin miner Hut 8’s shares fall 9% after 2022 financial report

Bitcoin (BTC) mining firm Hut 8’s financial statements for 2022 showed that the miner earned less revenue despite its higher productivity levels, according to a March 9 statement. The post Bitcoin miner Hut 8’s shares fall 9% after 2022 financial report appeared first on CryptoSlate.

2023-3-9 22:16
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Proof Of Resilience: Financial Freedom Through Bitcoin In Africa

Bitcoin offers financial opportunities that have been explicitly taken from Africans in recent history.

2022-11-30 06:06	Opinion
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Powering African Youth’s Financial Revolution With Bitcoin

There are various initiatives designed to empower Africans to educate themselves on Bitcoin and exercise their own financial sovereignty.

2022-10-22 03:14	Opinion
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Finding The Best Bitcoin Poker Sites In 2022

The traditional financial system and fiat currencies have been operating for almost 100 years without challenge until the launch of Bitcoin in 2009. The cryptocurrency prompted a financial revolution with implications yet to come and a new era of independence for individuals.

2022-9-10 11:49	Company News
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Central Bankers Descend On El Salvador To Learn About Bitcoin And Financial Inclusion

Financial representatives of 44 countries visited El Salvador and saw firsthand how the country’s Bitcoin adoption is changing it for the better.

2022-5-26 16:26	Adoption
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With Freedom Convoy, Bitcoin Passes Fundraising Test In Face Of Financial Surveillance

Bitcoin has proven its most potent use case as a permissionless financial rail for supporting the Canadian trucker protest.

2022-2-22 16:54	Canada
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By The Numbers: Comparing Bitcoin ROI Against Stocks Since The Financial Crisis

Bitcoin has been named the best investment asset of the last decade. Arguably a direct product of the financial crisis of 2007 and 2008, BTC represents the opposite of the fiat standard: it is transparency, openness, inclusion, and possibly the foundation stone of a new financial system in a world without bailouts. In terms of […]

2021-7-1 19:30	btcusd
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People’s Bank Of China Intensifies Bitcoin Ban With Financial Institution Meeting

The People’s Bank of China summoned financial institutions to reinforce that no Chinese citizen can make bitcoin transactions.

2021-6-22 18:27	Regulation
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El Salvador’s Bitcoin Adoption Draws Comments from IMF

The International Monetary Fund has become the first major financial gatekeeper to reference the recent move by El Salvador to legalize Bitcoin. Several figures in the legacy financial space continue to espouse anti-crypto sentiments even as the market becomes more popular.

2021-6-11 09:00	IMF
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Bitcoin likely won’t entirely replace current financial system, Coin Center director says

Bitcoin may not make the current monetary and financial system extinct, although its usage will likely vary depending on one’s location.

2021-5-28 20:00
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Inside The Caribbean Villas Using Bitcoin To Advance Financial Freedom

The One Bequia development is bringing Bitcoin to the Caribbean, a place that is grossly underserved by international financial institutions.

2021-5-11 16:01
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JPMorgan Chooses ‘Fintech Over Bitcoin’ As the Real Financial Game Changer during Global Pandemic

Fintech is the long-term story for COVID-19 related financial developments, not Bitcoin, JP Morgan analysts. The post JPMorgan Chooses ‘Fintech Over Bitcoin’ As the Real Financial Game Changer during Global Pandemic first appeared on BitcoinExchangeGuide.

2021-2-23 23:00	DeFi
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Should You Fire Your Financial Adviser Over Bitcoin?

On this special holiday episode of "On Purpose," host Tyrone Ross breaks down his viewpoint on the abuse financial advisers are receiving for missing the boat on bitcoin.

2020-12-17 18:30
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Bitcoin Investor Sues IRS for Unlawful Seizure of Financial Records at 3 Crypto Exchanges

Bitcoin investor Jim Harper has sued the U. S. Internal Revenue Service (IRS), its commissioner, and a number of federal agents. He alleged that they unlawfully seized his private financial information from three cryptocurrency exchanges.

2020-7-17 21:14
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Bitcoin can emerge as a disciplinary force for 'weak governance states'

During times of financial crises, people have often been on the lookout for better financial systems. Bitcoin and cryptocurrencies might be one such financial system that people can opt for during an The post Bitcoin can emerge as a disciplinary force for 'weak governance states' appeared first on AMBCrypto.

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Bitcoin may be an 'amplifier of contagion' in times of serious financial disruption

The COVID-19 pandemic and the resulting global crisis has affected all aspects of day to day life. A year that was looked at with a lot of anticipation by the crypto-community turned into a case studyThe post Bitcoin may be an 'amplifier of contagion' in times of serious financial disruption appeared first on AMBCrypto.

2020-5-2 20:30	BTC Trading View
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Lebanon’s Financial System is Crumbling, And It Shows What Bitcoin Can Do

Mass protests in Lebanon, which began as a demonstration over tax proposals, have since escalated into a full-blown financial crisis. As such, Bitcoin, and other decentralized cryptocurrencies, demonstrate, once again, the importance of financial sovereignty.

2020-1-27 16:11
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Financial Uncertainties and The Eurasia Debt May Welcome A Bulls for Bitcoin

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Bitcoin Price to Outpace S&P 500 Next Year, Say 168 Financial Experts

Bitcoin (BTC) will most likely perform better than the S&P 500 stock index, believe nearly half of the 350 financial professionals polled by Chainalysis. Volatility Undermines Gains Potential Despite short-term volatility, Bitcoin will be the most promising asset class in the coming year, believe financial experts in a Chainalysis poll.

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Int’l Accounting Standards Body Defines Bitcoin as ‘Intangible Asset’

Cryptocurrencies like Bitcoin are neither financial assets nor legal tender, says the International Financial Reporting Interpretations Committee

2019-9-23 12:35	tax
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UK’s Financial Conduct Authority will not regulate Bitcoin and Ethereum

The UK’s financial regulator, the Financial Conduct Authority says it will not regulate Bitcoin or Ethereum - viewing them as ‘decentralized tokens used as a means of exchange’ and therefore outside its regulatory scope.

2019-8-2 21:00	BNC insights
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UK watchdog warns financial advisors of fake Bitcoin email campaign

Con artists will try anything to make their schemes appear legitimate to unwitting victims. In a recent email doing the rounds to financial advisors, scammers have been impersonating the UK‘s Financial Conduct Authority (FCA) luring victims into a trap with Bitcoin.

2019-7-23 11:12	hard fork
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Financial Advisor: Major Banks are 3,233% More Expensive Than Bitcoin

A financial professional paid $10 to his bank for making more than six saving withdrawals. Later, he admitted that using Bitcoin could have been cheaper. Short the Bankers Pat Chirchirillo, a financial advisor at Philadelphia-based McAdam Financial, found a 3,233% different between the cost of withdrawals in banks and Bitcoin.

2019-1-31 03:00	Bitcoin
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Gemini Partners With Omniex to Support Institutional Investors

New York based cryptocurrency exchange Gemini is taking new strides into institutional crypto investing. The exchange has partnered with institutional investor trading platform Omniex to allow better-investing solution for larger investors.

2018-10-12 17:49	Cryptocurrency
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XRP’s Return Seems To Be Slowing Down

Yesterday, October 11th 2018, you may have heard of a little bit of a crash that occurred in the markets, seeing Bitcoin significantly dropping below the $6,500 mark. The third biggest digital currency saw a big change too as it moved from $0.

2018-10-12 13:00	XRP
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Bitcoin ETF Mover Is A Crucial Advantage

The digital currency ETF is a big part of the debate in a recent Bloomberg interview which had JP Morgan’s Asset Management Head of International ETFs, Bryson Lake on the panel. The interview looked at how JP Morgan believes in the latest mover advantage in terms of the digital currency market and ETFs.

2018-10-12 12:00	ETF
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Why you should buy Zcash

Bitcoin got the ball rolling for the cryptocurrency market and the industry that surrounds it. In terms of technology, the creator of Bitcoin was a genius and was well set to radically change the financial market and the way it works.

2018-10-12 09:42	zec
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Nigerian Startup Kubitx Launches Bitcoin Exchange in Beta

Kubitx, a Pan-African financial technology startup registered in Malta, announced the beta launch of its new cryptocurrency exchange on Thursday. The platform, which supports seven digital coins for the test, including BCH and BTC, will initially be available to users in Nigeria, before the company expands it to other African countries in the coming months.

2018-10-12 00:30	Zimbabwe
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Bitcoin Not A Threat To The Financial Sector- Financial Stability Board Says

“Bringing a complex and fast evolving area like cryptocurrencies into a regulatory framework is going to be a difficult and lengthy process. ” Those were the words of James Kaufmann the Legal Director of a UK based law firm, RPC.

2018-10-12 23:31
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Positive Future For Bitcoin In Gambling

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2018-10-12 23:00	Gambling
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FSB: Crypto-Assets Not a Threat to Global Financial Order

Cryptocurrencies do not pose a threat to global financial stability, but the diverse range of national regulatory regimes throughout the world continues to complicate efforts to establish an international legislative framework overseeing their use, the Financial Stability Board says in a new report.

2018-10-11 22:30
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Singapore Hosts New Fiat-Crypto Exchange, Welcomes Crypto Bank Accounts

It has been a busy week for Singapore as it relates to cryptocurrency. The city-state is set open the first fiat-crypto exchange in Southeast Asia, while the financial regulator has vowed to help crypto companies set up local bank accounts, according to media reports.

2018-10-11 18:30	sweden
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Buterin Tells All On How Much ETH He Owns

The founder of Ethereum, Vitalik Buterin has just revealed how much Ethereum he actually owns. In a recent tweet, Buterin responds to accusations by an economist at NYU and crypto critic Nouriel Roubini (also known as Dr Doom) who has claimed that Buterin is a scammer and a thief.

2018-10-11 16:00	vitalik buterin
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Bitcoin and Other Cryptos Enter Massive Correction, $16 Billion Market Cap Erased

The market correction followed the IMF's report saying that the rapid growth of crypto assets can create new vulnerabilities in the global financial system. The post Bitcoin and Other Cryptos Enter Massive Correction, $16 Billion Market Cap Erased appeared first on CoinSpeaker.

2018-10-11 15:16	btc price
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Neglected BCH Companies Have Been Offered New Solution

Digital currency businesses have seen several difficulties in securing banking services in the UK and now they have a new option. LBX has launched a new service which offers access to an account where customers can store, manage and transfer both their traditional currency and their holding of digital currency.

2018-10-11 13:30	Cryptocurrency
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Bitcoin Is Too Eccentric For Traditional Banks

The crypto world seems to be on a different planet to the regular banking world. The companies behind the various digital currencies and their products are almost out of a futuristic science fiction movie.

2018-10-11 13:00	Bitcoin
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Mize Network: Cryptocurrency Opportunity To Earn Bitcoin?

Mize Network is committed to the creation of excellent, long-term financial results. To achieve this goal, it will integrate sustainability into its business model. The results of this success will be available to the clients and consultants.

2018-10-11 12:43
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A Bitcoin Rat Is Occupying Wall Street

Ten years after the financial crisis of 2008, an artist known as Nelson Saiers has placed his latest artwork across the street from the New York Federal Reserve building in the financial district.

2018-10-11 05:20
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AARP Offers Up Laughably Dated Definitions of Bitcoin and Blockchain

In an effort to bring their members up to speed about the goings on in the financial world, the AARP has published a list of Wall Street definitions. Amongst the different terms defined by the U.

2018-10-11 02:15
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IMF Report States Cryptocurrencies Present a “Vulnerability” to Global Finance Markets

A warning statement from the International Monetary Fund (IMF) ascertains the “rapid growth” of Bitcoin and other cryptocurrencies could create “new vulnerabilities” in the globe’s financial markets, as published in the IMF’s World Economic Outlook report on October 9, 2018.

2018-10-11 01:00	Regulations
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United Capital CEO: Blockchain Will Eventually Impact Every Financial Transaction

Although blockchain is still clearly in its early stages of adoption, it is becoming increasingly clear that the technology underpinning Bitcoin and cryptocurrency will ultimately affect the daily lives of all individuals.

2018-10-11 23:15	Venezuela
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Global Financial Stability Board: “Vigilant Monitoring” of Crypto Assets Needed

The global Financial Stability Board has released a report focusing on cryptocurrencies such a Bitcoin and Ether earlier today. During the document, the group stated that the fintech phenomenon does not yet pose a risk to financial stability, but careful monitoring of the space is required.

2018-10-11 22:15
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Blockstream’s Liquid Network for “High Value” Bitcoin Payments Is Live

The Liquid Network is up and running. More than a year after its conceptual introduction at the Blockchain Association of Canada's Government Forum in Ottawa, Blockstream’s bitcoin scaling solution made its public debut on October 10, 2018, after going live among its partners on September 27.

2018-10-11 20:44	Payments
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Blockchain developer to fork BRC-20 to bring defi to Bitcoin

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BNB Beacon Chain prepares to upgrade, hard fork will boost bridge security

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2019-2-27 12:11

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